Friday, May 6, 2016

Today's Employment Situation Report indicated that in April, net non-farm payrolls increased by a 160,000 jobs overall with the private non-farm payrolls sub-component adding 171,000 jobs while the civilian unemployment remained flat at 5.0% over the same period.

Net private sector jobs increased 0.14% since last month climbing 2.17% above the level seen a year ago and climbing 5.06% above the peak level of employment seen in December 2007 prior to the Great Recession.